RIL (ASX) RIL battery recycling discussion

Originally posted by ProCapitalism: ↑

I think things are a lot different in the UK than here in Oz.

If you sell more than 32KG of batteries per year you must offer a free "takeback" service for any used batteries, failure to do so could result in fines.

Battery waste: retailer and distributor responsibilities - GOV.UK (www.gov.uk)Waste batteries: producer responsibility - GOV.UK (www.gov.uk)

Over the coming years, there could be a huge source of black mass (BM) in the UK. Think of all those batteries in every convenience store or "Bunnings" type store (it's B&Q from memory) throughout the UK. That's in addition to the EV market.

It looks as though RIL is developing a trading solution platform for their own BM as well as third parties, as stated in the quarterly below. I'm interested to see what comes from this & exactly how it will be implemented. There's not a lot of information detailed below.

REDIVIUM LIMITED (ASX:RIL) - Ann: Quarterly Activities & Cash Flow Report, 74924481, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

My assumption? This is an iteration/spinoff/brainchild from MOLC & the Greenhouse gentlemen, as they're in commodity trading & debt markets, so they should have contacts, expertise & an understanding of how markets operate.

Greenhouse Investment Group (greenhouse-investments.com)

Don't forget, Greenhouse is our second largest SH.

In general, markets will always seek out more efficient processes to cut costs, increase profit margins & allow resources & materials to be sent to where they're needed most. This could increase the demand for BM by building an efficient mechanism for buyers & sellers to come together in a broad European marketplace. What's in it for RIL? They have a marketplace to sell their own BM & it could be in the best interest of any competition in the BM market to also use the trading platform, as that's where all the buyers are. Hopefully, RIL will receive a nice commission in the process for helping buyers & sellers come together.

A possible offtake or pre-payment for BM produced from a 10tpd plant in the UK is due at any time.

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Originally posted by ProCapitalism: ↑

I came across this today.

(18) Activity | Ben László | LinkedIn

Ben Laszlo works for Kuusakoski Recycling, a recycling company with an HQ in Finland. He has "liked" the news that RIL has started trading on the Frankfurt Stock Exchange. That company also appears to be active in other jurisdictions around Europe including Scandinavia & the UK.

Scandinavia is an area in which RIL has a 50:50 JV with CM.

Expert-level recycling services (kuusakoski.com)

From what I can tell Kuusakoski doesn't recycle batteries, they're just a recycler in general. What I found interesting was they've started to recycle EVs & have detailed the complexity & the procedure required to disassemble EVs.

KUUSAKOSKI ANNUAL REPORT 2023 (e-julkaisu.fi)

Perhaps they need someone to crush & recycle the EV batteries?

Both RIL & Kuusakoski attended the Battery conference in Germany a while back, so perhaps that's where both parties crossed paths.

REDIVIUM LIMITED (ASX:RIL) - RIL battery recycling discussion, 74499902, page-377 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

Kuusakoski - Battery Recycling Conference and Expo (batteryrecycling-expo.com)

I'm not implying any talks are underway, it's just an observation from a LinkedIn post. If anything, it just means both companies are aware of each other. Perhaps Kuusakoski is the new competition in the area, I don't know.

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